Let's break down the information provided about #QTLY0327 and the current market situation for Bitcoin and Ethereum.
Understanding #QTLY0327
- QTLY refers to quarterly futures contracts on Binance that expire every three months.
- These contracts have a fixed expiry date and do not charge funding fees.
- They can trade slightly above or below the spot price.
- Professional traders commonly use these contracts for clear time-based positions.
Binance Quarterly Futures Contracts
- Expire on the last Friday of each quarter (March, June, September, and December).
- Settled in BTC, with trading fees paid in BTC.
- No funding fees make them ideal for longer-term holdings .
Market Analysis
Bitcoin Market
- Current Price:Trading near the 90K zone, showing stability after recent volatility.
- Support Level:Buyers are defending the range well, with key support at 89,200 – 89,800.
- Targets:
- TP1: 91,500
- TP2: 93,000
- TP3: 95,500
Ethereum Market
- Current Price:Holding above the 3,000 level, signaling strong demand and healthy structure.
- Support Level:Price action suggests continuation potential if bulls maintain control above 2,950 – 2,990.
- Targets:
- TP1: 3,120
- TP2: 3,250
- TP3: 3,400
